OKX Ventures will launch its first ecosystem-specific stablecoin, ESS, on X Layer.

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MarsBit
02-12
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Mars Finance reported on February 12th that OKX Ventures announced a strategic investment in STBL, a next-generation stablecoin and yield infrastructure provider. STBL also announced partnerships with private market investment firm Hamilton Lane (HLNE) and digital securities issuance and tokenization platform Securitize. STBL will launch its first ecosystem-specific stablecoin, ESS, on X Layer, leveraging its dual-token architecture to separate liquidity settlement from yield generation. This stablecoin is backed by real assets.

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